global systems and governance

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17 Terms

1
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what is the 5th most traded global commodity

bananas

2
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what climates are bananas grown in

grown in hot mainly lowland climates within the tropics

3
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what % of ecuadors economy is bananas

4

4
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where is the largest banana producing region

Asia

5
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where are the largest banana exporting regions

Latin America and the Carribean

6
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what does fairtrade do for bananas

the farmers get paid directly for their bananas so less money will go to the TNC’S

7
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What are TNC’S

Transnational corporations are companies that operate in at least two countries with headquarters in one and business in another

8
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where are TNC headquarters normally based

headquarters are based in a major city in the home country

9
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where is research and development normally

in home country

10
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where would subsidary headquarters be located

in each continent or countries where main operations are based

11
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benefits of TNC’s

  • generates jobs and income - brings new technology -finds new worker skills - has a multiplier effect

  • lower costs because of cheaper land and lower wages - greater access to new resources and markets

  • cheaper goods - can specialise in services and research and development

12
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costs of TNC’S

  • poor working conditions - exploitation of resources - negative impact on environment and local culture - economic linkages

  • ethical issues such as environmental damage or sweatshops can damage reputation

  • loss of manufacturing jobs - de-industrialisation

13
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How many people do apple employ

98000 full time workers

14
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how many apple stores are there

450

15
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across how many countries does apple have stores

16

16
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where are Apple’s european headquarters

Cork Ireland

17
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global village

the world is a community in which people are connected and can be affected